Egypt: Abs Copolymers Market 2024

Abs Copolymers Market Size in Egypt

In 2021, after two years of decline, there was significant growth in the Egyptian ABS copolymers market, when its value increased by 60% to $X. Overall, the total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Abs Copolymers Exports

Exports from Egypt

In 2021, exports of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms from Egypt skyrocketed to X tons, growing by 174% on the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 751% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, ABS copolymers exports soared to $X in 2021. Over the period under review, exports posted pronounced growth. The pace of growth was the most pronounced in 2017 with an increase of 552% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for ABS copolymers exports from Egypt, accounting for a 74% share of total exports. Moreover, ABS copolymers exports to China exceeded the volume sent to the second major destination, Tunisia (X tons), tenfold. Lebanon (X tons) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume to China stood at +68.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (-5.8% per year) and Lebanon (+40.6% per year).

In value terms, China ($X) remains the key foreign market for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms exports from Egypt, comprising 66% of total exports. The second position in the ranking was taken by Tunisia ($X), with a 13% share of total exports. It was followed by Sudan, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at +75.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (+6.3% per year) and Sudan (-12.9% per year).

Export Prices by Country

In 2021, the average ABS copolymers export price amounted to $X per ton, with an increase of 31% against the previous year. Over the period under review, the export price showed perceptible growth. The most prominent rate of growth was recorded in 2019 an increase of 79%. The export price peaked in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Sudan ($X per ton), while the average price for exports to Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+83.3%), while the prices for the other major destinations experienced more modest paces of growth.

Abs Copolymers Imports

Imports into Egypt

In 2021, purchases abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -14.1% against 2018 indices. The pace of growth appeared the most rapid in 2017 with an increase of 56%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, ABS copolymers imports soared to $X in 2021. Over the period under review, total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, South Korea (X tons) constituted the largest supplier of ABS copolymers to Egypt, accounting for a 47% share of total imports. Moreover, ABS copolymers imports from South Korea exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), fourfold. The third position in this ranking was taken by Saudi Arabia (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from South Korea totaled +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-0.2% per year) and Saudi Arabia (+39.7% per year).

In value terms, South Korea ($X) constituted the largest supplier of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms to Egypt, comprising 48% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 12% share of total imports. It was followed by Saudi Arabia, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from South Korea amounted to +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-0.1% per year) and Saudi Arabia (+39.9% per year).

Import Prices by Country

In 2021, the average ABS copolymers import price amounted to $X per ton, with an increase of 49% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2012; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per ton), while the price for Democratic People's Republic of Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+0.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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